CAclubindia News

CBIC Amends Guidelines on Arrest and Bail Under CGST Act, 2017

14 January 2025 at 08:02

The Central Board of Indirect Taxes and Customs (CBIC) has issued Instruction No. 01/2025-GST, amending previous guidelines for arrest and bail in offences punishable under the CGST Act, 2017.

Posted in GST | 3696 Views

ICAI Welcomes Observations of the Candidates on the Question Papers of CA Intermediate & Foundation Jan 2025 Exams

14 January 2025 at 08:01

The Institute of Chartered Accountants of India (ICAI) has invited candidates appearing for the CA Intermediate and Foundation examinations in January 2025 to share their observations regarding the question papers.

Posted in Students | 2247 Views

Finance Ministry's Roadmap to a $5 Trillion Economy: Challenges and Opportunities

14 January 2025 at 08:00

The Union Finance Ministry has outlined a strategic roadmap to achieve India's ambitious $5 trillion economy target by 2028-29.

Posted in Community & General | 1359 Views

Gang of Fake Income Tax Officers Busted in Gujarat, Mastermind a GST Inspector

14 January 2025 at 08:00

In a dramatic turn of events, police in Dahod, Gujarat, have busted a gang of seven individuals who posed as Income Tax officers to extort money from a businessman in Sukhsar village.

Posted in GST | 906 Views

E-Way Bills Touch Second-Highest Level in Two Years, Indicating Economic Momentum

14 January 2025 at 08:00

E-way bill generation by businesses in India reached its second-highest level in December 2024, marking a robust 17.6% year-on-year growth.

Posted in GST | 642 Views

ED Uncovers Rs 10,000 Crore Money Laundering Network Involving CAs and Hawala Operators

14 January 2025 at 08:00

In a major breakthrough, the Enforcement Directorate (ED) has uncovered a complex network of Chartered Accountants (CAs) and hawala operators accused of laundering over Rs 10,000 crore of black money out of India in recent years.

Posted in Professional Resource | 3579 Views

Tax Professionals Urge Govt to Enhance GST IMS for Better Compliance

14 January 2025 at 08:00

The body of tax professionals has called on the government to make the recently introduced Invoice Management System (IMS) on the Goods and Services Tax (GST) portal more user-friendly.

Posted in GST | 654 Views

ICAI Releases Schedule of May 2025 CA Exams

13 January 2025 at 13:12

The Institute of Chartered Accountants of India (ICAI) has officially announced the schedule for the May 2025 Chartered Accountants (CA) Examinations.

Posted in Students | 43059 Views

CA Claims to be Whistleblower in Torres Jewellery Fraud, Seeks Police Protection

13 January 2025 at 09:28

Days after Mumbai police initiated an investigation into the alleged multi-crore Torres Jewellery fraud case, Abhishek Gupta, a 31-year-old chartered accountant, has approached the Bombay High Court seeking police protection.

Posted in Audit | 4791 Views

Centre Releases Rs 1.73 Lakh Crore Tax Devolution to States for Development

13 January 2025 at 08:46

Union Government releases tax devolution of ₹1,73,030 crore to State Governments to accelerate capital spending and finance their development and welfare-related expenditures

Posted in Income Tax | 477 Views